Stableford Capital II LLC Reduces Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stableford Capital II LLC lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 29.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 30,497 shares of the exchange traded fund’s stock after selling 12,658 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 1.1% of Stableford Capital II LLC’s investment portfolio, making the stock its 22nd largest holding. Stableford Capital II LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,819,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IEF. SeaBridge Investment Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $2,103,000. KG&L Capital Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 4th quarter. KG&L Capital Management LLC now owns 5,916 shares of the exchange traded fund’s stock worth $547,000 after purchasing an additional 280 shares in the last quarter. Litman Gregory Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 6.4% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 68,071 shares of the exchange traded fund’s stock worth $6,293,000 after purchasing an additional 4,071 shares during the period. Chicago Partners Investment Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 83,470 shares of the exchange traded fund’s stock valued at $7,679,000 after buying an additional 1,476 shares in the last quarter. Finally, Intergy Private Wealth LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock valued at $231,000 after buying an additional 146 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2 %

IEF stock opened at $93.02 on Friday. The firm has a 50 day moving average of $93.11 and a 200-day moving average of $95.15. The firm has a market capitalization of $31.90 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.3075 dividend. This represents a $3.69 annualized dividend and a yield of 3.97%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares 7-10 Year Treasury Bond ETF Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.